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Share Issuance and Disposal8345The Bank of Iwate,Ltd.Banks

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

取締役5名に対し、金銭報酬債権の現物出資と引き換えに、譲渡制限付株式として自己株式8,900株を処分することを決議した。

Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
8900
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much8,900Shares

当行普通株式 8,900株(自己株式)

5 directors (excluding directors who are Audit and Supervisory Committee members and outside directors)8,900 shares

The lower thin line represents the existing number of shares to which these shares will be added.

1株につき3,310円
Amount of funds to be raised

払込金額の総額29,459,000円、差引手取概算額Not disclosed

Total Stock-Based Compensation
金銭報酬債権合計29,459,000円。制度上の報酬枠は年額80百万円以内、年間50,000株以内。
Conditions on transfer restrictions

Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.

Transfer restriction period
2025年8月22日(払込期日)から当行の取締役を退任する日まで
Conditions for lifting transfer restrictions
払込期日の直前の当行定時株主総会の日から翌年に開催される当行定時株主総会の日までの本役務提供期間中、継続して当行の取締役の地位にあること。死亡その他当行取締役会が正当と認める理由による退任の場合は、譲渡制限期間の満了直後に全部解除する。
Reason for acquisition without consideration
The bank will automatically acquire for no consideration any allocated shares for which the restrictions have not been lifted when the restriction period expires.
Categories and Number of Persons Covered
取締役5名(監査等委員である取締役及び社外取締役を除く)、8,900株
Intended allottee's holding policy
譲渡制限期間中は譲渡、担保権の設定その他の処分をしてはならない。譲渡制限期間は2025年8月22日から当行の取締役を退任する日まで。
Payment date
22 August 2025
Basis for determining the amount to be paid
2025年7月22日(取締役会決議日の前営業日)の東京証券取引所における普通株式の終値3,310円。ディスカウント率・プレミアム率は0%。
Most recent equity financing
Timing 14 May 2024 / Type Resolution to introduce a restricted stock compensation plan / Amount Not disclosed, Timing 2024年6月26日 / Type 譲渡制限付株式報酬制度に関する株主総会承認 / Amount 年額80百万円以内
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares as restricted stock compensation
Number of shares to be issued or disposed of当行普通株式 8,900株(自己株式)
Issue price and disposal price1株につき3,310円
Amount of funds to be raised払込金額の総額29,459,000円、差引手取概算額Not disclosed
Payment date22 August 2025
Intended allotteeName 5 directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Shares 8,900 shares
Intended allottee's holding policy譲渡制限期間中は譲渡、担保権の設定その他の処分をしてはならない。譲渡制限期間は2025年8月22日から当行の取締役を退任する日まで。
Basis for determining the amount to be paid2025年7月22日(取締役会決議日の前営業日)の東京証券取引所における普通株式の終値3,310円。ディスカウント率・プレミアム率は0%。
Transfer restriction period2025年8月22日(払込期日)から当行の取締役を退任する日まで
Conditions for lifting transfer restrictions払込期日の直前の当行定時株主総会の日から翌年に開催される当行定時株主総会の日までの本役務提供期間中、継続して当行の取締役の地位にあること。死亡その他当行取締役会が正当と認める理由による退任の場合は、譲渡制限期間の満了直後に全部解除する。
Reason for acquisition without considerationThe bank will automatically acquire for no consideration any allocated shares for which the restrictions have not been lifted when the restriction period expires.
Categories and Number of Persons Covered取締役5名(監査等委員である取締役及び社外取締役を除く)、8,900株
Total Stock-Based Compensation金銭報酬債権合計29,459,000円。制度上の報酬枠は年額80百万円以内、年間50,000株以内。
Most recent equity financingTiming 14 May 2024 / Type Resolution to introduce a restricted stock compensation plan / Amount Not disclosed, Timing 2024年6月26日 / Type 譲渡制限付株式報酬制度に関する株主総会承認 / Amount 年額80百万円以内
Items this document does not state (14)
Total issue valueEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor shareholders after the offeringImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

取締役に当行の企業価値の持続的な向上を図るインセンティブを与え、株主との価値共有を進めるため。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | The Bank of Iwate,Ltd. (8345) timely disclosure | Komori